Velocity Launches Private Beta for On-Chain Perps

Rickler Feed (@rickler_feed), Aug 25, 2026, 17:45 UTC

Velocity Launches Private Beta for On-Chain Perps Velocity, formerly Drift Protocol, has launched its private beta, bringing on-chain perpetual futures with 0.02% trading fees from the first trade. The platform offers multi-collateral margin, allowing SOL and USDT deposits to earn yield while simultaneously backing USDT-settled positions. Velocity is also offering 20% referral rewards, its highest referral rate, as it invites early traders to test the platform and help shape the product ahead of a wider launch. Apply for the Velocity Private Beta Partner Offers | Get Your Instant BTC Cas…

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